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Novi homes for sale

 Here is a breakdown of Novi homes for sale.  A couple of years ago you would have never found a home in Novi under $125,000.  Now we have 8 Novi homes for sale listed under $100,000.  The average time on the market for Novi homes is 158 days. 

 I always say the longer the house is on the market the more likely the house is over priced.  All homes will sell if priced right.  The home will sell when it becomes a value.  I would say those homes in the $700 - $750,000 range are over priced for what they are. 

Novi home Price Statistics
Range Name Price Range Number of Listings Days on Market
       
  50,000 to 100,000 8 142
  100,001 to 150,000 15 179
  150,001 to 200,000 29 161
  200,001 to 250,000 17 109
  250,001 to 300,000 18 102
  300,001 to 350,000 13 145
  350,001 to 400,000 13 160
  400,001 to 450,000 17 75
  450,001 to 500,000 5 125
  500,001 to 550,000 12 285
  550,001 to 600,000 12 186
  600,001 to 650,000 3 31
  650,001 to 700,000 7 125
  700,001 to 750,000 3 512
  750,001 to 800,000 6 277
  800,001 to 850,000 1 13
  850,001 to 900,000 0 0
  900,001 to 950,000 0 0
  950,001 to 1,000,000 4 299

For the 183 Novi home listings: For the Novi Sold listings:
Average List Price $370,010.00 Average Sold Price $0.00
Median List Price $330,000.00 Median Sold Price $0.00
Highest List Price $999,900.00 Highest Sold Price $0.00
Lowest List Price $59,000.00 Lowest Sold Price $0.00
List Volume $67,711,750.00 Sales Volume $0.00
Avg. Days On Market 158 Avg. Days On Market 0

More Novi real estate information

     City of Novi data

     Novi Subdivisions

     Search Novi homes for sale

 



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Posted on Mar 14, 2010 @ 9:08 pm by russ.ravary - View Profile
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